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Mad Electrics Limited

09765416

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)

Details

45 CASTLE AVENUE, RAINHAM, RM13 7TD
Incorporated 07/09/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Mr Daniel Bejan

director · Since 02/11/2016

ELECTRICIAN

ROMANIAN · ENGLAND · Age 50

Persons with Significant Control

Mr Daniel Bejan

75–100% shares

Romanian · England · Age 50

45, Castle Avenue, Rainham, RM13 7TD

Notified 02/10/2016

Former PSCs

Mr Madalin Popa

Ceased 04/10/2016

CompanyRankvs 25507+ SIC 43390 peers
46

Financial strength66th percentile among SIC peers · 17/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength17/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees1/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity11/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Turnover

£73k

Annual revenue

Net Worth

£13k

Balance sheet strength

Cash

£0

Cash in the bank

Profit Before Tax

-£3k

Bottom line earnings

Net Current Assets

-£7k

Working capital

Current Assets

£0

Current Liabilities

£7k

Fixed Assets

£29k

Cost of Sales

£38k

Gross Profit

£34k

Admin Expenses

£37k

Operating Profit

-£3k

Profit After Tax

-£3k

0avg. employees

Balance Sheet

Intangible assets£100
Assets less current liabilities£22k
Signed by 1.10.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00-£7k
20230.01+£5k
20220.10+£54k
20210.49

Derived from filed accounts. Not audited figures.